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India-UK FTA: Shift in supplier landscape & key home textile products

28 Nov '24
4 min read
India-UK FTA: Shift in supplier landscape & key home textile products
Pic: Adobe Stock

Insights

  • The India-UK FTA promises to not only reshape trade dynamics between the two countries but also impact other major textile exporters.
  • If UK reduces tariffs on Indian textiles, it will likely result in significant trade diversions.
  • Key textile-exporting nations could experience declining exports in specific product categories due to increased competition from India in the UK market.

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